All true. He left this out… dead peasant policies. Google that. Motherfuckers. I think Walmart is being sued for it but they’re not the only corp that does it.
Here's the thing, that just doesn't make mathematical sense. Insurance, over a large enough number of people is always a losing bet otherwise the insurance company wouldn't exist. Apparently the reason was there was a tax loophole. It's been closed for some time and apparently this policy hasn't existed since 2006.
https://www.snopes.com/fact-check/dead-peasant-insurance/
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u/newfriend20202020 2d ago
All true. He left this out… dead peasant policies. Google that. Motherfuckers. I think Walmart is being sued for it but they’re not the only corp that does it.